Kanishk Steel Industries reports net profit of Rs 0.52 crore in the March 2014 quarter

Sales decline 9.77% to Rs 98.16 crore

Net profit of Kanishk Steel Industries reported to Rs 0.52 crore in the quarter ended March 2014 as against net loss of Rs 0.39 crore during the previous quarter ended March 2013. Sales declined 9.77% to Rs 98.16 crore in the quarter ended March 2014 as against Rs 108.79 crore during the previous quarter ended March 2013.

For the full year,net profit rose 18.45% to Rs 1.22 crore in the year ended March 2014 as against Rs 1.03 crore during the previous year ended March 2013. Sales declined 33.39% to Rs 293.04 crore in the year ended March 2014 as against Rs 439.94 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales98.16108.79 -10 293.04439.94 -33 OPM %-6.801.21 --0.392.12 - PBDT1.170.71 65 4.154.48 -7 PBT0.650.12 442 1.802.11 -15 NP0.52-0.39 LP 1.221.03 18

Powered by Capital Market - Live News